Saudi Arabia aims to create an attractive investment environment and enhance economic sustainability. This sector provides a legal framework that helps distressed companies reorganize and continue their operations rather than liquidating, ensuring business continuity, economic stability, and encouraging investment. The Saudi Bankruptcy Law, issued in 2018, includes multiple procedures, such as preventive settlement, financial restructuring, and liquidation, to support individuals and businesses in overcoming financial difficulties in a flexible and organized manner, thereby boosting investor confidence and supporting entrepreneurs.

The law also includes tools to achieve a balance between the rights of debtors and creditors, providing an opportunity to restructure distressed companies rather than having them exit the market, which supports the national economy and contributes to market stability.

At Al-Duaiji, Al-Buwardi & Partners, we offer legal consultations related to bankruptcy procedures, preparing bankruptcy files and settlement processes, representing companies in courts, and negotiating with creditors to develop suitable restructuring plans. Through these services, our firm contributes to providing a supportive legal environment that enhances business sustainability and achieves the objectives of Vision 2030 in creating a resilient and robust economy.